Motorcycles are a great way to save money on gas and car insurance, and they can be more fun to ride than a car. But before you buy one, there are some things you need to know in order to get the best deal possible.
In this write-up, we’ll go over a few key tips on how to save money when buying a used motorcycle. For help, we turned to one of the largest online motorcycle sales platforms Zecycles.
Know What You Can Afford
The first step to take before beginning your search for a used motorcycle is to figure out how much you can afford to spend. This will help you narrow down your options and avoid wasting time looking at motorcycles that are out of your price range.
You should also have a budget for things like motorcycle insurance, accessories, and maintenance.
Do Your Research
Once you know how much you can afford to spend, it’s time to start doing your research. You should begin by looking at different makes and models of motorcycles to see which ones fit your budget and needs. Once you’ve narrowed down your choices, you can begin looking for specific bikes.
Check for Deals and Discounts
When you’re shopping for a used motorcycle, it’s important to keep an eye out for deals and discounts. You might be able to find a great deal on a bike that’s been lightly used, or that’s being sold by a private owner.
There are also a number of websites and online forums where you can find used motorcycles for sale.
Get a Pre-Purchase Inspection
Before you buy a used motorcycle, it’s important to have it inspected by a qualified mechanic. This will help ensure that the bike is in good working condition and that there are no hidden problems.
If possible, try to get the inspection done before you finalize the purchase.
Take a Test Ride
Before you buy a used motorcycle, be sure to take it for a test ride. This will give you an opportunity to see how the bike feels and to make sure it’s comfortable for you. If possible, try to take the bike on a variety of different types of terrain.
Get a Vehicle History Report
If you’re buying a used motorcycle from a dealer, they should be able to provide you with a vehicle history report. This report will tell you if the bike has been in any accidents or if it has any significant mechanical problems.
If you’re buying a bike from a private owner, you can get a vehicle history report yourself by running the bike’s VIN number through an online service.
Negotiate the Price
Once you’ve found a used motorcycle that you’re interested in, it’s time to start negotiating the price. If you’re buying from a dealer, they may be open to bargaining.
However, if you’re dealing with a private owner, they may be less flexible on the price. In general, you should try to get the bike for at least 10% below the asking price.
Consider Buying an Extended Warranty
If you’re buying a used motorcycle, you might want to consider purchasing an extended warranty. This can help cover the cost of repairs if something goes wrong with the bike. However, extended warranties can be expensive, so make sure you weigh the costs and benefits before making a decision.
Join a Motorcycle Club
One of the best ways to save money on a used motorcycle is to join a motorcycle club. These clubs often have discounts on things like parts, accessories, and insurance.
They can also be an excellent resource for advice and information on buying a used motorcycle. You might even be able to find a club that specializes in the make and model of motorcycle you’re interested in.
All these tips will help you save money when buying a used motorcycle. Just remember to do your research, take your time, and be prepared to negotiate. With a little effort, you should be able to find a great deal on the bike of your dreams.
What to Look for When Inspecting a Motorcycle
If you’re not familiar with motorcycles, you might not know what to look for when inspecting one. Here are some things to keep in mind:
• Check the bike’s tires, brakes, and suspension: These are key components of a motorcycle, and you’ll want to make sure they’re in good condition. You can usually tell by looking at them if they’re in need of repair or replacement.
• Make sure all the lights and electrical components are working properly: You don’t want to get stranded on the side of the road with a dead motorcycle. It’s also important to make sure all the lights are working so you can be seen by other drivers.
• Inspect the frame for any cracks or damage: This is especially important if you’re buying a used motorcycle, as it may have been in an accident.
• Listen for strange noises: When you start the motorcycle, listen for any strange noises coming from the engine. If you hear anything, it’s likely an indication that something is wrong with the bike.
• Check for any leaks in the fuel system: This could be a sign of bigger problems down the road. You don’t want to be stuck with a motorcycle that has a faulty fuel system.
• Check the odometer: This will give you an idea of how much the motorcycle has been ridden, which can affect its value.
• Check the engine oil level and condition: This will give you an indication of how well the motorcycle has been maintained. Make sure to check the oil level and condition before you take it for a test ride.
• Have a mechanic inspect the motorcycle: If you’re not comfortable inspecting the motorcycle yourself, it’s always a good idea to have a professional take a look.
Given that motorcycles are a significant investment, it’s crucial that you know what to look for before making a purchase. This way, you can be sure you’re getting a quality motorcycle that will serve you well for years to come.